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hello everybody this is Janine Moorhead with foundation consultants todays topic is volunteers the question that well be answering today in our very short video is how do I find the value of volunteers first of all why do we keep track of volunteer times I listen about four reasons why we keep track of long-term time and in short we want to show the contributions that the individuals and organizations have made in our communities and lets say you have an end-of-the-year banquet you certainly want to keep track to measure the amazing values that all of your volunteers have provided and then ing to the Financial Accounting Standards Board some volunteer time can be used on financial statements and I have shown in my class in my nonprofit management classes how you can use them as assets and sometimes I have seen them as income and expenses if you use them as income you must use them also as an expense and then also volunteer time as I use it is mentioned in grants and annual reports t
